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CORRECTION TO QUIDEL REPORTS INCREASED FOURTH QUARTER SALES AND FIRST-FULL-YEAR OF PROFITABILITY

 /C O R R E C T I O N -- QUIDEL RESULTS/
 In SD002, "Quidel Reports Increased Fourth Quarter Sales and First-


Full-Year of Profitability," moved earlier today, we are advised by the company that in the tabular material, the net income (loss) per share figure for the three months ended March 31, 1991 should read "($0.48)" sted of "($0.59)," as originally moved. The corrected table follows:
 QUIDEL CORP.
 Comparative Financial Data
 (In thousands, except per share data)
 Three months ended
 March 31,
 1992 1991
 Net sales $7,361 $6,570
 Contract & other revenue $90 $139
 Gross profit $3,440 $2,438
 Operating expenses $3,077 $8,812
 Net income (loss) $351 ($6,410)
 Net income (loss)
 Applicable to
 common shareholders $324 ($6,553)
 Net income (loss)
 Per share $0.02 ($0.48)
 -0- 5/12/92 C SD002
 (QDEL) CO: QUIDEL Corp. ST: California IN: MTC SU: ERN


JL -- SD002X -- 9253 05/12/92 15:29 EDT
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Publication:PR Newswire
Date:May 12, 1992
Words:160
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Quidel Reports Record Fourth Quarter Pre-Tax EPS of $0.11; - Fourth Quarter Net Sales of $21.2 Million Up 15% Over Comparable Period of Last Year -.

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